Here's Why Woolworths Group (ASX:WOW) Has A Meaningful Debt Burden
Apr 18
Australian (ASX) Food and Staples Retail Industry Analysis
UpdatedApr 26, 2024
DataAggregated Company Financials
Companies5
- 7D1.1%
- 3M-4.7%
- 1Y-15.1%
- YTD-6.6%
Over the last 7 days, the Food and Staples Retail industry has risen 1.1%, driven by gains from Coles Group of 2.3%. In the same time, Marley Spoon was down 25%. In the past year, the industry is down 15%. Looking forward, earnings are forecast to grow by 27% annually.
Industry Valuation and Performance
Has the Australian Food and Staples Retail Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 26 Apr 2024 | AU$76.8b | AU$143.9b | AU$2.1b | 17.1x | 37.4x | 0.5x |
| Sun, 24 Mar 2024 | AU$76.9b | AU$143.9b | AU$2.1b | 16.9x | 37.5x | 0.5x |
| Tue, 20 Feb 2024 | AU$80.0b | AU$140.9b | AU$3.7b | 18.3x | 21.5x | 0.6x |
| Thu, 18 Jan 2024 | AU$78.8b | AU$140.9b | AU$3.7b | 18.1x | 21.3x | 0.6x |
| Sat, 16 Dec 2023 | AU$80.3b | AU$140.9b | AU$3.7b | 17.2x | 21.7x | 0.6x |
| Mon, 13 Nov 2023 | AU$77.7b | AU$141.2b | AU$3.8b | 16.3x | 20.6x | 0.6x |
| Wed, 11 Oct 2023 | AU$81.8b | AU$141.2b | AU$3.8b | 17.9x | 21.7x | 0.6x |
| Fri, 08 Sep 2023 | AU$82.0b | AU$141.2b | AU$3.8b | 18.1x | 21.7x | 0.6x |
| Sun, 06 Aug 2023 | AU$87.4b | AU$138.8b | AU$4.0b | 19.8x | 22.1x | 0.6x |
| Tue, 04 Jul 2023 | AU$89.7b | AU$138.8b | AU$4.0b | 20.6x | 22.7x | 0.6x |
| Thu, 01 Jun 2023 | AU$85.7b | AU$138.8b | AU$3.9b | 20.2x | 21.8x | 0.6x |
| Sat, 29 Apr 2023 | AU$88.9b | AU$138.1b | AU$4.0b | 21.8x | 22.3x | 0.6x |
| Mon, 27 Mar 2023 | AU$86.5b | AU$138.1b | AU$4.0b | 21.4x | 21.7x | 0.6x |
| Wed, 22 Feb 2023 | AU$87.0b | AU$136.8b | AU$3.8b | 21.8x | 22.8x | 0.6x |
| Fri, 20 Jan 2023 | AU$82.6b | AU$135.8b | AU$3.7b | 21.9x | 22.3x | 0.6x |
| Sun, 18 Dec 2022 | AU$82.2b | AU$135.8b | AU$3.7b | 21.8x | 22.2x | 0.6x |
| Tue, 15 Nov 2022 | AU$81.4b | AU$134.2b | AU$3.7b | 21.2x | 22.3x | 0.6x |
| Thu, 13 Oct 2022 | AU$79.5b | AU$134.2b | AU$3.7b | 20.8x | 21.8x | 0.6x |
| Sat, 10 Sep 2022 | AU$85.5b | AU$134.2b | AU$3.7b | 21.9x | 23.4x | 0.6x |
| Mon, 08 Aug 2022 | AU$91.7b | AU$130.7b | AU$3.5b | 25.5x | 26.6x | 0.7x |
| Wed, 06 Jul 2022 | AU$87.5b | AU$130.7b | AU$3.5b | 24.2x | 25.3x | 0.7x |
| Fri, 03 Jun 2022 | AU$85.7b | AU$130.0b | AU$3.5b | 23.9x | 24.8x | 0.7x |
| Sun, 01 May 2022 | AU$92.5b | AU$128.7b | AU$3.3b | 25.1x | 28.4x | 0.7x |
| Tue, 29 Mar 2022 | AU$87.0b | AU$128.7b | AU$3.3b | 23.9x | 26.7x | 0.7x |
| Thu, 24 Feb 2022 | AU$86.0b | AU$128.7b | AU$3.3b | 24x | 26.4x | 0.7x |
| Sat, 22 Jan 2022 | AU$80.6b | AU$126.1b | AU$3.4b | 21.4x | 23.9x | 0.6x |
| Mon, 20 Dec 2021 | AU$87.2b | AU$126.1b | AU$3.4b | 23.2x | 25.9x | 0.7x |
| Wed, 17 Nov 2021 | AU$90.1b | AU$126.0b | AU$3.4b | 23.7x | 26.8x | 0.7x |
| Fri, 15 Oct 2021 | AU$91.5b | AU$124.8b | AU$3.2b | 27.6x | 28.3x | 0.7x |
| Sun, 12 Sep 2021 | AU$90.5b | AU$124.8b | AU$3.2b | 26.9x | 28x | 0.7x |
| Tue, 10 Aug 2021 | AU$92.9b | AU$124.8b | AU$3.2b | 28.2x | 28.8x | 0.7x |
| Mon, 03 May 2021 | AU$76.4b | AU$113.8b | AU$2.6b | 29.1x | 29.3x | 0.7x |
Price to Earnings Ratio
29.3x
Current Industry PE
- Investors are optimistic on the Australian Consumer Retailing industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 37.4x which is higher than its 3-year average PE of 25.1x.
- The industry is trading close to its 3-year average PS ratio of 0.64x.
Past Earnings Growth
- The earnings for companies in the Consumer Retailing industry have declined 7.7% per year over the last three years.
- Meanwhile revenues for these companies have grown 8.1% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Trends
Which industries have driven the changes within the Australian Consumer Staples industry?
| AU Market | 0.42% | |
| Consumer Staples | 0.98% | |
| Food and Staples Retail | 1.07% | |
| Food Retail | 1.12% | |
| Food Distributors | 0.52% | |
| Drug Retail | 0% | |
| Big Box Super Stores | 0% | |
Industry PE
- Investors are most optimistic about the Food Retail industry which is trading above its 3-year average PE ratio of 28.6x.
- Analysts are expecting annual earnings growth of 29.1%, which is higher than its past year's earnings decline of 6.9% per year.
- Investors are most pessimistic about the Food Distributors industry, which is trading below its 3-year average of 13.1x.
Forecasted Growth
- Analysts are most optimistic on the Food Retail industry, expecting annual earnings growth of 29% over the next 5 years.
- This is better than its past earnings decline of 6.9% per year.
- In contrast, the Food Distributors industry is expected to see its earnings decline by 2.5% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| COL Coles Group | AU$16.42 | 2.3% +AU$493.7m | -9.8% | PE21.5x | |
| WOW Woolworths Group | AU$31.59 | 0.6% +AU$232.0m | -18.6% | PS0.6x | |
| MTS Metcash | AU$3.89 | 0.5% +AU$21.8m | -0.3% | PE15.5x | |
| EDV Endeavour Group | AU$5.33 | 0.2% +AU$17.9m | -21.5% | PE18.5x |
